Short Interest in CCL Industries Inc. (OTCMKTS:CCDBF) Grows By 19.8%

CCL Industries Inc. (OTCMKTS:CCDBF) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 352,600 shares, an increase of 19.8% from the October 31st total of 294,400 shares. Based on an average daily volume of 19,000 shares, the short-interest ratio is currently 18.6 days.

CCL Industries Price Performance

Shares of CCDBF opened at $55.97 on Tuesday. CCL Industries has a fifty-two week low of $41.20 and a fifty-two week high of $61.27. The company’s 50-day moving average is $58.40 and its 200-day moving average is $55.60.

About CCL Industries

CCL Industries Inc manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through CCL, Avery, Checkpoint, and Innovia segments. The CCL segment converts pressure sensitive and extruded film materials for a range of decorative, instructional, security, and functional applications for government institutions and global customers in consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets.